Mackinac Financial (MFNC) Declares $.12 Quarterly Dividend; 3.1% Yield

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Mackinac Financial Corporation Declares Cash Dividend on Common Stock

December 15, 2017 10:50 AM EST

MANISTIQUE, Mich., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the Bank), announced the approval of a cash dividend by its Board of Directors on December 15, 2017.  The Board of Directors declared a cash dividend of $.12 per common share, payable January 9, 2018 to shareholders of record at December 28, 2017. The dividend is unchanged from the prior quarters dividend.

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $980 million and whose... More